Redevco invests in Fifth Wall’s European PropTech Fund

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As Redevco advances its growth and diversification strategy, we choose to accelerate our innovation journey through an investment in the Fifth Wall European Real Estate Technology Fund. With $2.5 billion in commitments and capital under management, Los Angeles based Fifth Wall is one of the largest, most active, and most broadly backed PropTech (Property Technology) Venture Capitalist (VC) firms in the world. Its Limited Partner (LP) base includes major companies of the various real estate sub-sectors. The Fund’s target is €100 million, and it aims to invest in high-potential European PropTech startups.

Through Fifth Wall’s research, knowledge, and capabilities, Redevco will be able to access some of the most promising PropTech activities in a targeted manner. Thinking about how we can do things smarter, is not limited to our own operation, but is also something that we do across our value chain. This is why we actively look at technological developments in the market and how those might help us make our business future-proof and position us ahead of the curve.

The partnership with Fifth Wall underlines Redevco’s commitment to actively seek transformative PropTech solutions in order to continuously explore new ways to future-proof our assets under management, develop value-add services for our tenants, and solidify Redevco’s business model.